Ripple Generates Revenue by Funding Leveraged Stock Positions, a Service Traditionally Handled by Banks
Ripple, best known for its digital asset XRP and cross‑border payment solutions, has quietly built a new revenue stream that mirrors a centuries‑old banking activity: financing leveraged bets on equities. By acquiring Hidden Road for $1.25 billion, Ripple entered a specialized segment of Wall Street where hedge funds, proprietary trading desks, and high‑net‑worth individuals pay a premium to ampl…
Oct. 8, 2026, 6:17 a.m.